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According to an individual widely seen as a credible source close to Apple - Wang Jianzhou, the chairman of wireless carrier China Mobile - Apple is rapidly working to develop and support the high-speed and long-term evolution OF 4G wireless technology. Jianzhou says that a future update to the iPhone will reflect the progress Apple is now making internally.

"Apple has made it clear they will support TD-LTE," Jianzhou said in Davos, Switzerland. Jianzhou spilled the beans on Wednesday in the Sina Technology news portal, which was later picked up by Reuters. "Apple Inc fully supports China Mobile's next generation TD-LTE technology and talks are ongoing over a possible iPhone tie up with the carrier [China Mobile]," the report reads.

For the time being, the iPhone is only available in China through China Unicom, China's second-largest mobile carrier, which runs on the global 3G standard. China Mobile, however, has been working closely and remaining in talks with Apple for more than a year, a developing partnership that industry analysts believe will eventually yield a deal to expand the iPhone into China Mobile territory, a wireless network with 584 million mobile phone subscribers as opposed to China Unicom's relatively paltry 167.4 million subscribers.